Yousif Capital Management LLC Decreases Stake in Builders FirstSource, Inc. $BLDR

Yousif Capital Management LLC lowered its position in Builders FirstSource, Inc. (NYSE:BLDR) by 2.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 15,823 shares of the company’s stock after selling 316 shares during the quarter. Yousif Capital Management LLC’s holdings in Builders FirstSource were worth $1,846,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. grew its holdings in Builders FirstSource by 18.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 20,010 shares of the company’s stock valued at $2,500,000 after buying an additional 3,131 shares in the last quarter. Stephens Inc. AR grew its holdings in Builders FirstSource by 42.5% during the 1st quarter. Stephens Inc. AR now owns 2,942 shares of the company’s stock valued at $368,000 after buying an additional 877 shares in the last quarter. Oppenheimer Asset Management Inc. grew its holdings in Builders FirstSource by 41.4% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 7,566 shares of the company’s stock valued at $945,000 after buying an additional 2,216 shares in the last quarter. Altus Wealth Group LLC grew its holdings in Builders FirstSource by 11.2% during the 1st quarter. Altus Wealth Group LLC now owns 45,021 shares of the company’s stock valued at $5,625,000 after buying an additional 4,549 shares in the last quarter. Finally, OneDigital Investment Advisors LLC grew its holdings in Builders FirstSource by 54.5% during the 1st quarter. OneDigital Investment Advisors LLC now owns 2,223 shares of the company’s stock valued at $278,000 after buying an additional 784 shares in the last quarter. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on BLDR shares. Wedbush reaffirmed a “neutral” rating and set a $145.00 target price on shares of Builders FirstSource in a report on Monday, September 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $134.00 target price on shares of Builders FirstSource in a report on Friday, August 1st. Zelman & Associates reaffirmed an “underperform” rating on shares of Builders FirstSource in a report on Friday, July 18th. Barclays dropped their price target on Builders FirstSource from $137.00 to $135.00 and set an “overweight” rating for the company in a research report on Friday, August 1st. Finally, Baird R W downgraded Builders FirstSource from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 1st. Ten analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $147.29.

Builders FirstSource Stock Performance

Shares of BLDR opened at $122.75 on Monday. The company has a market cap of $13.57 billion, a PE ratio of 18.63, a price-to-earnings-growth ratio of 13.72 and a beta of 1.62. The company has a current ratio of 1.79, a quick ratio of 1.08 and a debt-to-equity ratio of 1.12. The stock has a 50-day moving average price of $132.70 and a 200-day moving average price of $124.08. Builders FirstSource, Inc. has a 12-month low of $102.60 and a 12-month high of $196.47.

Builders FirstSource (NYSE:BLDR) last released its earnings results on Thursday, July 31st. The company reported $2.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.35 by $0.03. The company had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.29 billion. Builders FirstSource had a return on equity of 24.61% and a net margin of 4.74%.Builders FirstSource’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.50 EPS. Builders FirstSource has set its FY 2025 guidance at EPS. As a group, equities analysts forecast that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

About Builders FirstSource

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name.